NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.25% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 1.13% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 1.05% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.03% |
| MU | Micron Technology Inc | Technology | Semiconductors | 1.02% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 0.99% |
| SW | Smurfit WestRock plc | Consumer Cyclical | Packaging & Containers | 0.97% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 0.97% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.95% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.95% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 0.93% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 0.93% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 0.93% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.92% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 0.92% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.92% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.92% |